Trending...
- Eric Bellinger Debuts "Cry In Front Of You" Live Following Tamla Motown Signing
- On the 296th Anniversary of the Ceremony That Made His Ancestor Emperor, a Cherokee Descendant Publishes the Novel That Restores Him
- The Team of Atlas Elite Entertainment honors Rodney F Crews
DETROIT, Sept. 26, 2023 ~ Kevin A. Krakora, Managing Director and Automotive Practice Leader at Getzler Henrich & Associates LLC, was recently featured as a guest expert in the current issue of Automotive News.
In addressing how Tier 1 and Tier 2 suppliers are performing in today's market, Mr. Krakora said that most suppliers are "hanging in there" and the top-performing companies have operational costs under control. He added that OEMs are more selective with the suppliers they will support in difficult times, and are willing to entertain strategic price increases only if the supplier has a well-supported rationale and if they are comfortable with the production and delivery of a specific supplier.
Mr. Krakora also discussed other top-of-mind issues in the industry such as vehicle sales and changing consumer demand, commodity costs, shipping, transportation, general inflationary increases on all inputs into parts and services, rising interest rates, consumer financial uncertainty, and production overall appearing to remain stable.
More on The Californer
As head of Getzler Henrich's Automotive Practice Automotive, Kevin Krakora advises boards of directors and executive management teams regarding strategic alternatives and performance improvement plans. He has served as a Chief Restructuring Officer and Independent Director and has led numerous Section 363 sales processes in Chapter 11 cases as well as business and assets sales in out-of-court situations. In 2023 he will be among the past TMA Chairs being recognized at the 2023 TMA Annual Conference in San Francisco.
Kevin A. Krakora is an experienced automotive turnaround expert who provides valuable insight into how Tier 1 and Tier 2 suppliers are performing in today's market as well as other top-of-mind issues such as vehicle sales, commodity costs, shipping costs, inflationary increases on all inputs into parts and services, rising interest rates, consumer financial uncertainty etc. He is currently head of Getzler Henrich's Automotive Practice Automotive where he advises boards of directors and executive management teams regarding strategic alternatives and performance improvement plans. In 2023 he will be among the past TMA Chairs being recognized at the 2023 TMA Annual Conference in San Francisco for his expertise in automotive turnarounds.
In addressing how Tier 1 and Tier 2 suppliers are performing in today's market, Mr. Krakora said that most suppliers are "hanging in there" and the top-performing companies have operational costs under control. He added that OEMs are more selective with the suppliers they will support in difficult times, and are willing to entertain strategic price increases only if the supplier has a well-supported rationale and if they are comfortable with the production and delivery of a specific supplier.
Mr. Krakora also discussed other top-of-mind issues in the industry such as vehicle sales and changing consumer demand, commodity costs, shipping, transportation, general inflationary increases on all inputs into parts and services, rising interest rates, consumer financial uncertainty, and production overall appearing to remain stable.
More on The Californer
- California: Governor Newsom announces clemency actions
- NOW AVAILABLE -Local only or statewide exposure in one publication
- PlanetAI Nature Space (PNS), certificadora Europea, lanza su plataforma EUDR-PNS Ready basada en IA, satélites y trazabilidad blockchain
- Digital Avnue Launches specialized Video Services for California Business Owners
- 40th Annual California Strawberry Festival Features Designs And Crafts From Nearly 150 Artisans
As head of Getzler Henrich's Automotive Practice Automotive, Kevin Krakora advises boards of directors and executive management teams regarding strategic alternatives and performance improvement plans. He has served as a Chief Restructuring Officer and Independent Director and has led numerous Section 363 sales processes in Chapter 11 cases as well as business and assets sales in out-of-court situations. In 2023 he will be among the past TMA Chairs being recognized at the 2023 TMA Annual Conference in San Francisco.
Kevin A. Krakora is an experienced automotive turnaround expert who provides valuable insight into how Tier 1 and Tier 2 suppliers are performing in today's market as well as other top-of-mind issues such as vehicle sales, commodity costs, shipping costs, inflationary increases on all inputs into parts and services, rising interest rates, consumer financial uncertainty etc. He is currently head of Getzler Henrich's Automotive Practice Automotive where he advises boards of directors and executive management teams regarding strategic alternatives and performance improvement plans. In 2023 he will be among the past TMA Chairs being recognized at the 2023 TMA Annual Conference in San Francisco for his expertise in automotive turnarounds.
Filed Under: Business
0 Comments
Latest on The Californer
- Summit Acquisitions Group Inc. Expands Cash Home Buying Services in Sacramento & East Bay
- On Good Friday, Civil Rights Attorney Pamela Price Calls Out San Leandro Police and Appointed DA for "Evil Treatment" of Homeless Man
- DriveYo Signs Cybersecurity Prodigy and Open-Source Pioneer Utkarsh Lubal
- Professor Gary Surdam to Speak at Japan's Largest AI & Web3 Conference, TEAMZ Summit 2026
- UK Financial Ltd Confirms CATEX Exchange Integration of SMPRA and LTNS 1 Ahead of Compliance-Based Trading Activation
- Thursday's Hair Solutions Launches New Active Lifestyle Program for 24/7 Hair System Wearers
- Iran war is delaying launch of Crypto Corner Shop!
- Governor Newsom turns on largest public broadband network, California connects first rural community to internet
- ABLD.app Launches AREL: The First Wearable Legal Notice for ADA Accommodations
- Ashikaga Flower Park's "Great Wisteria Festival 2026"
- California Web Coders Expands Expertise in MERN Full Stack Development Across California
- Architect of Neurodiversity Will Lead the First U.S. Team of Autistic Children to the "Genius Cup" in Hiroshima, Japan, in 2027
- Snell & Wilmer Welcomes Counsel Herman Enayati to the Orange County Office
- Deborah E. Jones Introduces Emotional Sovereignty, a Powerful New Book on Emotional Mastery, Resilience, and Intentional Living
- Governor Newsom welcomes approval of Diablo Canyon license renewals, delivering on California's commitment to a clean and reliable grid
- Justplug Solves High Cost and Outage Challenges of Rural Grid-Tied Solar With Off-Grid Conversion
- "memoirs Of The End," A New Novel Depicting Life After The Ai Singularity
- New Research Identifies "The Busy Effect": 89% of Americans Want a Laid-Back Vacation — Only 15% Actually Achieve It
- Alchemy 43 Appoints Shane Smith as CEO to Drive Operational Performance and Scalable Growth
- Best Spiritual Healing, Meditation & Retreats in Sedona — Rise Meditation Helps You Find and Book Transformational Experiences